Electronic commerce or ecommerce has evolved over the years to become a major channel through which businesses can exchange goods and services, coordinate production and market to customers. Thecrec centerfor researchin electronic commerce at the. Introduction to ecommerce 1 learning objectives c to understand the complexity of ecommerce and its many facets. Different types of ecommerce business models explained. Ever since the inception of the internet, its user base has grown exponentially, and with it, ecommerce has blossomed. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. E commerce is big business and getting bigger every day. Here you can download the free lecture notes of e commerce pdf notes ec notes materials with multiple file links to download. Ecommerce and ebusiness are not solely the internet, websites or dot com companies.
Companies like warby parker and casper set the standard for vertical disruption, but up and coming brands like native union and larq are showing us how d2c can continue to be an. This is the type of ecommerce that deals with relationships between and among businesses. Watson university of georgia, usa introduction electronic. B2b ecommerce is simply defined as ecommerce between companies. In indian perspective international journal of research granthaalayah, vol. Introduction to electronic commerce, traditional commerce vs e commerce, e. Ecommerce has eight unique features that give it its wow factor. It also include intercompany function such as marketing, finance, manufacturing, negotiations. As such, ebusiness and ecommerce impact on many areas of business and disciplines of business management studies. Features of ecommerce free download as powerpoint presentation. Libraries, homes, businesses, peoples personal cell phones and even airplanes, all have access to the internet. Ydeveloper at ydeveloper in terms of technological dimensions and business significance, you have nicely explained the 7 features of ecommerce.
A definitive guide of ecommerce website features for your online store. The unstructured section of the questionnaire and the followup unstructured interviews were. It is about a new business concept that incorporates all pre vious business management and economic concepts. If someone want to ahead, then there are many other features like cross selling, dynamic pagination. Ecommerce is big business and getting bigger every day. Business models, trends and policies analyses new and. Watson university of georgia, usa introduction electronic commerce is a revolution in business practices. The phenomenon of electronic commerce, or ecommerce, appeals to consumers and businesses alike and, as the statistics demonstrate, it has taken off.
The reality of ecommerce with developing countries i 1. With a european b2c ecommerce turnover forecasted to grow at around % and to hit 621 billion euros in 2019, we are, of course, very pleased to see that the. Economic activity involved interaction occurs electronically the interaction crosses organizational boundaries. The internet economy is a broader concept than ecommerce and ebusiness. What is the definition of electronic commerce and how is it used. Outerbox is a web design company specializing in ecommerce web design. By harnessing the power of the internet, electronic commerce. On the ecommerce businesses potential market scale is roughly equivalent to the network the size of the worlds population. E commerce its concerned with systems and business processes that support creation of information sources effective and efficient interaction among producers, consumers, intermediaries and sellers movement of information on global networks types of e commerce tangible goods digital goods software, music audio, text.
Ecommerce allows your company to reach consumers anywhere in the world. Identify and describe the unique features of ecommerce technology. Finally, the effects of electronic commerce on product, process and relational innovations by the four proactive firms are mapped and analyzed through the. Een, a guide to ecommerce in europe, 2018 pdf enterprise. Global reach, or world wide access, is the highest number of potential consumers a business can reach. Hackers attempting to steal customer information or disrupt the site a server containing customer information is stolen. Pdf features of ecommerce technology recommended by. The authors investigated the main trends that have developed in the ecommerce market, and. Share of b2b and b2c ecommerce in total global ecommerce 2000 and 2004 10. Electronic commerce ecommerce is a general concept covering any form of business transaction or information exchange executed using information and communication. Businesstobusiness b2b ecommerce is widely believed to promise a radical change in the way that firms trade with one.
Pretail also referred to as preretail, or precommerce is a subcategory of ecommerce and online retail for introducing new products, services, and brands to market by pre launching. What are the key differences between the first and second wave of ecommerce. Economics and electronic commerce severin borenstein and garth saloner f or economists who study marketswhether wholesale or retail, goods or services, commodities or highly. The most popular e commerce categories, not surprisingly, are non.
Ecommerce types ecommerce can be classified into three types of business transactions, that is, businesstoconsumer b2c, businesstobusiness b2b, and consumertoconsumer. E commerce its concerned with systems and business processes that support creation of information sources effective and efficient interaction among producers, consumers, intermediaries and sellers movement of information on global networks types of e. This book is licensed under a creative commons attribution 3. This book provides the detailed overview of ecommerce. It is a business transaction where the funds and data are transferred through an electronic network. According to the economist, ecommerce will be a universal bright spot for retailers in 2011. But not all e commerce categories are created equal. Ubiquity is defined as being something that occurs everywhere. Define ecommerce and describe how it differs from ebusiness. In this report, we identify the ecommerce barriers faced by swedish businesses in countries outside of the eu.
Global reach ecommerce allows business transactions on the cross country bound can be more convenient and more effective as compared with the traditional commerce. Any form of economic activity conducted via electronic connections does not have to involve the internet and www three main components to ecommerce. Today ecommerce or electronic commerce has become a buzz word around the world, especially in developing countries like india, china and brazil where internet and computer. Electronic commerce, also called ecommerce, is increasing around the globe. Scribd is the worlds largest social reading and publishing site. Electronic business methods enable companies to link their internal and external data processing. Factors of development of international ecommerce in the context. You must protect your customers information and ensure their privacy with a secure ecommerce platform.